Southwest Securities Welcomes George Meillarec to Taxable Fixed Income Division

DALLAS, June 11, 2013 /PRNewswire/ -- Southwest Securities, Inc. announced today that George M. Meillarec has joined the company's taxable fixed income division as Senior Vice President, Director of TBA Sales and Trading.

Mr. Meillarec has more than 25 years of experience in institutional sales, primarily working with mortgage originators. He will be working closely with TBA Trader Mark Crosta and leading the TBA sales and trading team in the company's growing Fort Lauderdale, Fla., office.

"George has built a reputation for success in fixed income institutional sales working with the residential mortgage industry and we are very proud to welcome him to our team," said Daniel Leland, Executive Vice President and Head of Taxable Fixed Income for Southwest Securities. "As we offer TBA trading lines and specified pool trading, George will spearhead our growth in these areas. We also plan to offer additional hedging tools to meet the needs of the mortgage banking community."

Mr. Meillarec joins Southwest Securities from Cohen & Co./PrinceRidge where he served as a managing director overseeing TBA sales. He began his career in institutional sales in 1987 with First Investment Securities. He has also held senior-level sales positions with LOP Capital Markets, Suncoast Capital Group, and Mesirow Financial Inc., where he served as a Senior Managing Director in institutional fixed income sales for nearly ten years, working almost exclusively with mortgage originators. Mr. Meillarec attended Florida Atlantic University in South Florida, where he resides with his wife and two children.

Southwest Securities, Inc., a member of NYSE, FINRA and SIPC, provides securities brokerage, investment banking and securities clearing services to a broad range of individual, corporate, public and industry clients. The firm is a wholly owned subsidiary of SWS Group, Inc. (NYSE: SWS), a financial services holding company whose stock is listed and traded on the New York Stock Exchange under the symbol, SWS.

SOURCE Southwest Securities, Inc.

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